Solana News
What is Solana (SOL)?
Solana is a blockchain platform known for its speed and efficiency. Solana aims to provide a high-performance, low-latency platform for decentralized applications (dApps).
The project began in 2017 with the goal of creating a blockchain that can handle over 10,000 transactions per second. Solana has grown to become one of the largest cryptocurrencies in the world.
How does Solana SOL work?
The Solana project is intended to be the first of a new kind of blockchain. It was inspired by Bitcoin, Ethereum, and other blockchains, but it has been designed to be very different from them. The purpose of the project is not only to create a new cryptocurrency; its creators have also built an entirely new kind of blockchain.
What makes Solana unique?
Solana is a new blockchain protocol that uses proof of history, and a unique algorithm to validate transactions. Most blockchains use either a proof-of-work or proof-of-stake consensus mechanism, with proof-of-stake being the more efficient option. Solana uses a hybrid protocol that combines proof-of-stake with proof-of-history for even faster processing
One of the most exciting developments with Solana has been Solana Pay, a free-to-use payments framework. It allows merchants to accept payments directly from customers through the Solana network. Payments are made in stablecoins such as USD Coin which are designed to maintain a stable price.
Is Solana better than Ethereum?
While both Ethereum and Solana were created as open-source platforms that allow users to build and design their own applications, Solana boasts some benefits over Ethereum, including its ability to process transactions nearly instantly, at a fraction of the cost.
Is Solana a good investment?
Solana is a high-speed, low-cost, and secure blockchain that supports decentralized apps (dApps). The Solana blockchain is highly efficient and very stable, and it offers low transaction fees for users. These factors combine to give the coin potential as a good long-term investment as far as cryptocurrency goes. SOL is currently trading closer to its lows, potentially making it a good deal.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Agoraverse, the Shopping center Metaverse on Solana, has announced its integration with Neko Wallet, a non-custodial multi-chain wallet exclusively designed for NFT degens and Web3...
Hubble Protocol, a decentralized finance and stablecoin project on Solana, announced its integration with Notifi, embedded notifications and messaging into your decentralized...
Kreechures, the 1st NFT project and play-to-earn game on the Solana blockchain, announced its integration with Neko Wallet, a non-custodial multi-chain wallet exclusively designed for NFT...
Crema Finance, a powerful Concentrated Liquidity Protocol built on Solana has raised $5.4M in Private Round Fundraising.
Crema Finance just successfully raised a $5.4M private round...
Zebec, a Multisig Treasury Management and Streaming Payments built on Solana, announced a partnership with Soldex, a decentralized, scalable, and permissionless exchange.
Partnership...
Solaunch, the first IDO platform with contagious marketing built on Solana, has formed a partnership with WebX, an NFT bridge seamlessly connecting Web2 and Web3.
Partnership...
Solanax announced its partnership with SODA, the lending & Leveraged Trading & Financial Identity. Accumulate the value of on-chain behaviors.
Partnership HighLights
Solanax and...
Snowflake, a multisig wallet and on-chain automation for Solana, is delighted to announce its partnership with Solend, the autonomous interest rate machine for lending on Solana.
Partnership...
Keystone, a 100% air-gapped QR code hardware wallet, has announced an integration with Solflare, a secure and powerful Solana wallet.
Partnership HighLights
This integration of Keystone with...
MetaOps is an NFT-based first-person shooter built on the Solana blockchain announced its partnership with Arcade, the leading infrastructure for GameFi.
Metaops partnership with Arcade will...
Zebec, a continuous settlement protocol built on Solana, announced its partnership with OneRing, a multi-chain cross-stable yield optimizer platform.
Partnership HighLights
This partnership...
DragonWar, the best turn-based strategy game on the fastest blockchain Solana, has announced its strategic partnership with SolSniper.
Partnership HighLights
DragonWar warmly announced its...
Evo Surfers, an innovative decentralized civilization-based user-generated gaming environment, announced its collaboration with Jail Drop. This new play-to-earn game will run on the...
MotsGame is a play-to-earn, and NFT mining game developed on the Solana network announced its first launchpad partnership with StarLaunch, the First Insured Launchpad for Solana.
IDO...
The universal NFT 2.0 protocol for Digital Asset Metaverse, DareNFT announced its strategic alliance with Soladefy, a GameFi launchpad built on the Solana network.
Partnership...
Solend, the autonomous interest rate machine for lending on Solana, is thrilled to announce its partnership with Basis Markets, a decentralized liquidity pool owned by you, powered by a...
Onering, a multi-chain cross-stable yield optimizer platform, announced its Beta is officially live on Solana Foundation.
Introducing OneRing (Solana)
OneRing proudly announces that their...
Hedge, an interest-free, low minimal collateral ratio lending protocol on Solana, announced its integration with Chainlink Price Feeds on the Solana mainnet.
Integration HighLights
As...